Thank you primed24. . .

In the past 2 months alone, gold has risen by close to 15%. If some predictions prove true for gold at 1,500 to 1,650 by some time in early 2011, that would amount to about an additional 15%+ gain for the metal. All totaled that could be about a 30% gain in gold's price for the last half of 2010 and into early 2011. (I know, it is "could" untill it eventually happens).

So, however one values PEM's inground deposits, both discovered and undiscovered, it just got 15% richer and may soon see another 15% rise based just on gold's rise in value up to the 1,500+ price, whenever that happens. That, taken alone, would be a 30% increase in PEM's, yet to be told, total value. Meanwhile, there are more ounces to be added to the balance sheet as time goes by, perhaps for as many as a few more years worth of "exploration" and "discovery" all along the Orogrande Shear Zone.

For those who may be new to this forum, there is a wealth if great information, with some "healthy and polite" varrying opinions of course, in all the postings over the past several weeks. Many contributors, have impressive knowledge, facts, logic, and insights. Reading their thoughts, for an hour or so, might be well worth the time for those seeking to learn more.